Lockheed Martin - CSR Report Analysis

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    CSRReportCritique

    AnkitaMayekar

    CorinaBruni

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    AGENDA

    Introduction

    Reporting Framework

    Observations

    Suggested Improvements Considerations

    Conclusion

    Reerences

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    Introduction

    Core Businesses

    Aeronautics

    Information systems & globalsolutions

    Missile and fire control

    Mission systems and training

    Space systems

    Revenue

    > $4 billion in re!enue

    "# of t%e total sales in '((came from arms sales

    )argest client * +,S,Department of Defense-.#/0

    1oreign and commercialsales -.(/0

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    Introduction ! Cont"d

    Sustainability Report

    2esponsible gro3t%

    rotecting en!ironment

    Strengt%ening communities

    Global 2eporting Initiati!e-G2I0

    Goals5 energy conser!ation6pac7aging6 !olunteerism andinclusi!e 3or7place

    Sustainability in #$%#

    ndSustainability 2eporting

    Establis%ed an 8ffice of9orporate

    1ormed council of e:ecuti!eleaders

    )aunc%ed Go Green ''initiati!e

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    Reporting Framework&Assessment

    Ac%ie!ed $/4 million in energy sa!ings in '(

    No fully disclosure -NG IN0 Insufficient data measurement tec%niBuesEconomic

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    Observations

    Strengt's

    (eaknesses

    Stake'olders Assessment

    Best )ractices

    (orst )ractices

    Relections

    Improvements

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    Observations & Strengt's

    Inputs from !arious sta7e%olders

    9lear performance indicators and results

    9learly indicated t%e reporting frame3or7

    Data a!ailability and t%e use of t%e data

    2ecogniJe and %onor employees

    *ong&term ocused

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    Observations & (eaknesses

    InadeBuate comparisons 3it% similar businesses

    +nrecogniJed Green3as%ing K insufficientnegati!es

    )ac7 input and feedbac7 from en!ironmental

    ad!ocates

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    Observations & Best )ractices

    Emp%asiJe on applying and implementing bestpractices to impro!e sustainability and 3or7placeet%ics

    S%are best practices t%roug% trade associations6

    e!ents and internal 3ebsite

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    Observations & (orst )ractices

    2eduction of indirect energy consumption andreductions ac%ie!ed,

    )ocation and siJe of land o3ned6 leased or managed

    Descriptions of significant impacts of acti!ities6

    products6 and ser!ices on biodi!ersity ercentage of operations 3it% implemented local

    community engagement6 impact assessment andde!elopment programs,

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    Suggested Improvements

    9ompare 3it% ot%er companies & Eternal standards

    alance t%e report 3it% positi!es and negati!es

    Inform sta7e%olders of t%e specific material issues

    E:ternal assurance*%ird party !erification

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    Conclusion

    It represents a step for3ard in recogniJing t%at en!ironment and %uman rig%ts

    %a!e a 7ey role to play in designing a transformati!e sustainable de!elopmentagenda post*'(

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    Reerences 2012 Sustainability Report, -'(0, 2etrie!ed 8ctober